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Singapore Central Bank Tightens Policy in Surprise Move
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wsj.comSingapore’s central bank on Tuesday unexpectedly tightened its currency policy as a pre-emptive move to stem the inflationary impact of supply-side constraints and rising commodity prices.
In an announcement before its scheduled policy meeting in April, the Monetary Authority of Singapore said it would slightly raise the rate of the Singapore dollar’s appreciation against a basket of currencies.
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